The term information content effect refers to the: 2 Multiple Choice 3 points Manner in which a stock dividend changes the equity accounts of the issuer. Way in which shareholders are affected by a corporate reorganization. Types of investors that are attracted to a stock because of the related tax effects. Market's reaction to a change in the dividend payout. Effect by the market to a firm's bankruptcy announcement. 4 A just-in-time (JIT) inventory approach involves close partnerships between a firm and its suppliers, and reduces inventory shortage. What type of short- term financial policy can a firm engage in if it uses the JIT inventory approach to management its inventory? 3 points Multiple Choice Reflexive. O O Flexible. o Restrictive. O Conservative. O O Liquid